205 [Annual General Meeting of Shareholders held at the Central Hall, Renshaw St. Liverpool on Friday 2nd July 1920 at 7:30 p.m.] Present Mr. W. R. Clayton (Chair) Messrs H. Banks, A. Coffey, Jno. Davies, J. G. Davies, R. T. Francis, E. Green & H. Halsall (Directors) & a full quorum of shareholders. The Secretary read the notice convening the Meeting. Press It was agreed that the press be admitted. Accounts & Balance The Balance Sheet was taken as read. sheet ) the Secy. read the auditors report. & Directors Report The Chairman gave a report on the season's working, stating that the season had been a phenomenal one, and that the receipts were the largest in the history of the Club due in a great measure to increased prices & increased interest in the game. The lack of success from a playing point of view was due to the enormous number of injuries to players. He explained the reasons for our not being able to obtain players. On the proposal of the Chairman secd. by Mr. Gardner the report & Balance Sheet were duly adopted. Dividend Mr. Halsall propd. & Mr. Coffey secd. that a dividend of 7½% for the year ending 1st May 1920 be paid and this was carried. Election of Directors Mr. Gardner propd. & Mr. Jones secd. that a Special General Meeting be held for the sole purpose of electing Directors, but on being put to the meeting this was declared lost.